Last week Sky Sports published an interest article about the record revenues recently announced by Tottenham Hotspur. The piece explains the growth in Spurs' revenues and presents a table of data labelled "Tottenham financial highlights". Below I reproduce an abridged version of this and circle an interesting dimension - gate receipts.
In the last number of weeks, various clubs have made announcements about ticket prices for the 2018/19 season. Manchester United will freeze prices for a 7th consecutive season, and introduce further third degree price discrimination, by charging a lower price to 18-25 year age bracket, in an attempt to improve the atmosphere at home games. This is on the back of a general reduction across all clubs, of about 33%, during the 2016-17 Premier League season.
In an era of record club revenues this might come as a surprise. The graphic above should help explain the apparent contradiction (ironically this is not the case for Tottenham).
Ticket revenues are dwarfed by broadcasting deals today. Reducing ticket prices, or at a minimum freezing prices, has high impact in terms on public perception. In fact, the television spectacle is greatly enhanced by full stadiums. The fans are a major reasons why the Premier League has become so exportable globally.
If broadcasting revenues continue to climb, local supporters should see further reductions in ticket prices, where television viewers effectively subside the club's core fan base.